01 · In plain English
What happened.
On 14 July 2025 the Financial Conduct Authority fined Barclays Bank Plc £39,314,700 for breaching Principle 2 (firms must act with due skill, care and diligence). The FCA found that between 9 January 2015 and 23 April 2021 Barclays failed to identify, assess, monitor and manage adequately the money‑laundering risks arising from the provision of banking services to one corporate banking customer.
Summarised from the FCA's notice and press reports. The FCA's own text and documents below are the authoritative record.
02 · Enforcement details
What the FCA published.
On 14 July 2025, the Financial Conduct Authority fined Barclays Bank Plc £39,314,700. This Final Notice refers to a breach of Principle 2 (skill, care and diligence) of the Authority’s Principles for Businesses that occurred between 9 January 2015 and 23 April 2021. Barclays’ breach relates to its failures to identify, assess, monitor and manage adequately the money laundering risks associated with the provision of banking services to one of its corporate banking customers. Source: the FCA's published list of 2025 fines.
03 · Press coverage
How it was reported.
- Company Announcement - FT.com - Markets data - Financial TimesFinancial Times · 10 Feb 2026
- Regulators show their teeth - financial services fines in 2025City A.M. · 24 Dec 2025
These links go to other sites. Some may need a subscription.
04 · Firm details
Firm on the FCA register.
- Firm name
- Barclays Bank Plc
- Firm reference number
- 122702
- Register status
- Authorised for specific activities
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